Thursday, Dec 9 2021 | Time 06:23 Hrs(IST)
Business Economy

Cashfree Payments, Mumbai Angels Network tie up for seamless payment solutions

Bengaluru, Sep 30 (UNI) Cashfree Payments Thursday announced its partnership with Mumbai Angels Network to support startups with seamless payment solutions.
Cashfree Payments is a leading payments and API banking solutions company.
Through this partnership, Cashfree Payments will help more than 170 startups to accelerate growth by providing payment solutions at subsidized pricing.
With Cashfree Payments’ solutions and services these businesses will have seamless transaction processes and will be able to achieve greater success and economic scalability.
The Mumbai Angel Network is a startup investment platform that backs seed and early-stage ventures.
Cashfree Payments Co-Founder said the company has always focused on empowering the startup ecosystem by providing seamless payment frameworks so that startups can streamline their payments for efficient operation.
The company is pleased to partner with Mumbai Angels Network in this endeavour, he said.
Mumbai Angels Network Co-Founder and CEO Nandini Mansinghka said in this initiative, the company believes Cashfree Payments can be a promising partner for paperless banking services.
Mumbai Angels Network has 15 years of experience and a network of about 550 angel investors that enable startups to unlock their potential and scale growth across core operations.
With Rs 200 crore invested from 40 cities and ten countries, they support investors and portfolios in various areas including investing, portfolio monitoring, and investor education. They also co-invest with VCs.
Cashfree Payments is among the leading payment service providers in India and processes transactions worth USD 20 billion annually.
With over 50 per cent market share among payment processors, Cashfree Payments today leads the way in bulk disbursals in India.
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